Management, performance and founders fees (Tables)

9 Months Ended

Sep. 30, 2019

Management, Performance and Founders Fees [Abstract]

Schedule of investment fee expenses

The total management and performance fees to related parties, including our share of fees paid in connection with our investment in TP Fund, for the three and nine months ended September 30, 2019 and 2018 were as follows:

	Three months ended					Nine months ended
	September 30, 2019		September 30, 2018			September 30, 2019			September 30, 2018
Management fees - Third Point LLC	$	—	$	6,387		$	—		$	25,797
Performance fees - Third Point Advisors LLC	—		(1,082		)	—			4,048
Management and performance fees to related parties as reported in the Company’s condensed consolidated statements of income (loss)	—		5,305			—			29,845
Management and performance fees included in net investment income from investment in related party investment fund (before loss carryforward)	3,617		2,352			54,572			2,352
Performance fees - loss carryforward utilized (1)	—		—			(40,969		)	—
Total management and performance fees to related parties	$	3,617	$	7,657		$	13,603		$	32,197

(1)

During the three months ended September 30, 2019, the total Loss Recovery Account increased by $1.1 million as a result of the net investment loss in the period. This has been reflected in the loss carryforward utilized in the nine months ended September 30, 2019, and has not been presented as an adjustment in the three months ended September 30, 2019.